Core Insights - Olo Inc. reported revenue of $85.72 million for the quarter ended June 2025, marking a year-over-year increase of 21.6% [1] - The earnings per share (EPS) for the same period was $0.07, compared to $0.05 a year ago, indicating growth [1] - The reported revenue exceeded the Zacks Consensus Estimate of $82.27 million by 4.2%, while the EPS fell short of the consensus estimate of $0.08 by 12.5% [1] Financial Performance Metrics - Professional services and other revenue reached $1.58 million, surpassing the average estimate of $1.06 million by three analysts, reflecting a year-over-year increase of 74.6% [4] - Platform revenue was reported at $84.15 million, exceeding the average estimate of $81.21 million by three analysts, and showing a year-over-year growth of 20.9% [4] - Non-GAAP gross profit for the Platform was $48.52 million, slightly below the average estimate of $48.89 million from three analysts [4] - Non-GAAP gross profit for Services was $0.27 million, exceeding the average estimate of $0.11 million from two analysts [4] Stock Performance - Olo's shares have returned 2.7% over the past month, outperforming the Zacks S&P 500 composite, which changed by 0.6% [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]
Olo (OLO) Reports Q2 Earnings: What Key Metrics Have to Say